https://www.taxtmi.com/caselaws?id=7512 Separate property of a Hindu family member does not become joint family property merely because sons assist in a business, their names appear in mortgage documents, or income is assessed on a joint family basis. Conversion requires clear and unequivocal evidence that the owner voluntarily threw the property into the common stock and abandoned separate rights. A partition deed retaining the disputed assets supports continued separate ownership. For estate-duty valuation, a debt owing to daughters-in-law is not fully deductible where its consideration was derived from gifts made by the deceased to those persons. The properties therefore formed part of the deceased's separate estate, and the claimed deposit-based deduction was disallowed. en-us Fri, 06 Dec 1968 00:00:00 +0530 Sat, 21 Feb 2009 19:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7512 Separate property of a Hindu family member does not become joint family property merely because sons assist in a business, their names appear in mortgage documents, or income is assessed on a joint family basis. Conversion requires clear and unequivocal evidence that the owner voluntarily threw the property into the common stock and abandoned separate rights. A partition deed retaining the disputed assets supports continued separate ownership. For estate-duty valuation, a debt owing to daughters-in-law is not fully deductible where its consideration was derived from gifts made by the deceased to those persons. The properties therefore formed part of the deceased's separate estate, and the claimed deposit-based deduction was disallowed. Case-Laws Income Tax Fri, 06 Dec 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7512